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SPX 3400 or 2900, which way first?


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#161 12SPX

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Posted 31 July 2020 - 07:23 AM

K gotta say this was funny.  Watched the earnings and the futures rise but they were closed for a bit while Apple released so I put in a rogue short trade of 3270 for the open and bam that's where the night session started lol!  Watched it all through team tennis and going to bed and was looking to add to it this morning and instead the markets struggling here, think this might be the last gasp run for the Fang stocks at least for a bit unless we get going today.  Profit stop 3265.



#162 12SPX

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Posted 31 July 2020 - 08:10 AM

Pulling my short off for a 13 point profit, see how the open goes.  To me this move higher is pathetic, futures should be up at least 1% see what happens!  



#163 K Wave

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Posted 31 July 2020 - 08:37 AM

Fed out of the way.... Fang earnings out of the way...

 

Now market should make up its mind about next move...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#164 12SPX

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Posted 31 July 2020 - 08:39 AM

This is so disappointing but I'm not surprised, still though trying a long here at 3246! 



#165 K Wave

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Posted 31 July 2020 - 08:46 AM

SPX 3240 likely the key for today....

 

Back below that and bulls may have trouble on their hands...

 

If it manages to hold, then maybe time to break out upside...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#166 12SPX

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Posted 31 July 2020 - 08:54 AM

I'm having my doubts but there is 8.5billion of pomo today so should be up, next week barely anything, average long 3244



#167 dTraderB

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Posted 31 July 2020 - 08:55 AM

nq hedge long limit order filled 10803.5



#168 dTraderB

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Posted 31 July 2020 - 08:56 AM

no fills in more qqq puts, market just dropped...



#169 K Wave

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Posted 31 July 2020 - 09:09 AM

TSLA back to 1480 one more time....

 

may be running out of chances to hold....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#170 12SPX

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Posted 31 July 2020 - 09:14 AM

Average long now 3241.  This is one trade I am not liking at all shoulda stuck with my short!!